Polson Ltd

Produces synthetic organic tanning substance and trades in coffee, tea, flour, and dairy products.

1938 | Kolhapur, Maharashtra (India) | Active
Last Updated: July 05, 2024

Polson Profile

Key Indicators

  • Authorised Capital ₹ 2.50 Cr
  • Paid Up Capital ₹ 6.00 M
  • Company Age 86 Year, 1 Month
  • Last Filing with ROC 31 Mar 2023
  • Open Charges ₹ 131.74 Cr
  • Satisfied Charges ₹ 58.30 Cr
  • Revenue Growth -14.18%
  • Profit Growth -22.47%
  • Ebitda -8.17%
  • Net Worth 4.48%
  • Total Assets -5.78%

About Polson

Polson Ltd (PL) was founded in India on 21 December 1938 and has a glorious history of 86 years and one month. Its registered office is in Kolhapur, Maharashtra, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 507645.

The Company is engaged in the Chemicals And Materials Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2023. It's a company limited by shares with an authorized capital of Rs 2.50 Cr and a paid-up capital of Rs 6.00 M.

The company currently has active open charges totaling ₹131.74 Cr. The company has closed loans amounting to ₹58.30 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Polson Ltd India are Sampada Sawant as COMPANY SECRETARY and Sanjay Bhalerao as Cfo. Pravin Samant, Dhau Lambore, Sushila Kapadia, and Three other members serve as directors at the Company.

Company Details

  • Location

    Kolhapur, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Social Media
    -

Corporate Identity Details

  • CIN/LLPIN

    L15203PN1938PLC002879

  • Company No.

    002879

  • Stock Symbol

    BSE : 507645

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    21 Dec 1938

  • Date of AGM

    29 Sep 2023

  • Date of Balance Sheet

    31 Mar 2023

  • Listing Status

    Listed

  • ROC Code

    Roc Pune

Industry

Chemicals and Materials

Who are the key members and board of directors at Polson?

Executive Team (3)

Name Designation Appointment Date Status
Sampada Sawant Country flag representing In Company Secretary 01-Jul-2017 Current
Sanjay Bhalerao Country flag representing In CFO 01-Feb-2016 Current
Amol Kapadia Country flag representing In Managing Director 29-Dec-1987 Current

Board Members (5)

Name Designation Appointment Date Status
Rajiv Agarwal Country flag representing In Director 14-Aug-2018 Current
Pravin Samant Country flag representing In Director 01-Apr-2004 Current
Dhau Lambore Country flag representing In Director 12-May-2008 Current
Sushila Kapadia Country flag representing In Director 07-Mar-1981 Current
Bhavin Sheth Country flag representing In Director 30-Jun-2021 Current

Financial Performance of Polson.

Polson Ltd, for the financial year ended 2023, experienced significant reduction in revenue, with a 14.18% decrease. The company also saw a substantial fall in profitability, with a 22.47% decrease in profit. The company's net worth moved up by a moderate rise of 4.48%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
-14.18%
Revenue from Operations
-14.02%
Total Assets
-5.78%
Profit or Loss
-22.47%
Net Worth
4.48%
EBITDA
-8.17%

What is the Ownership and Shareholding Structure of Polson?

In 2022, Polson had a promoter holding of 74.98% and a public holding of 25.03%. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹131.74 Cr

Satisfied Charges

₹58.30 Cr

Charges Breakdown by Lending Institutions

  • Kotak Mahindra Bank Limited : 45.97 Cr
  • Citi Bank N.A. : 40.00 Cr
  • Citibank N. A. : 21.50 Cr
  • Hdfc Bank Limited : 14.84 Cr
  • Standard Chartered Bank : 4.50 Cr
  • Others : 4.93 Cr

Latest Charge Details

Date Lender Amount Status
18 Aug 2020 Standard Chartered Bank ₹9.28 M Open
30 Jan 2020 Citi Bank N.A. ₹5.00 Cr Open
20 Jan 2017 Citi Bank N.A. ₹3.00 Cr Open
07 Dec 2015 Kotak Mahindra Bank Limited ₹4.47 Cr Open
05 Sep 2014 Citi Bank N.A. ₹3.00 Cr Open

How Many Employees Work at Polson?

Polson has a workforce of 61 employees as of Apr 09, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Polson, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Polson's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Polson

Recent activity within the organization

  • Annual General Meeting

    Polson Ltd last Annual general meeting of members was held on 29 Sep 2023 as per latest MCA records.

    29 Sep 2023

  • Balance Sheet

    Polson Ltd has filed its annual Financial statements for the year ended 31 Mar 2023 with Roc Pune.

    31 Mar 2023

  • Charges

    A charge registered on 25 Feb 2022 via Charge ID 100542790 with Others was fully satisfied on 03 Mar 2023.

    03 Mar 2023

  • Charges

    A charge with Others amounted to Rs. 10.00 Cr with Charge ID 100542790 was registered on 25 Feb 2022.

    25 Feb 2022

  • Charges

    A charge registered on 16 Feb 2015 via Charge ID 10550532 with Kotak Mahindra Bank Limited was fully satisfied on 01 Feb 2022.

    01 Feb 2022

  • Charges

    A charge registered on 11 Aug 2014 via Charge ID 10514334 with Kotak Mahindra Bank Limited was fully satisfied on 01 Feb 2022.

    01 Feb 2022

Frequently asked questions

  • Polson Ltd was incorporated on 21 Dec 1938.

  • The authorized share capital of Polson Ltd is ₹ 2.50 Cr and paid-up capital is ₹ 6.00 M.

  • Currently 8 directors are associated with Polson Ltd.

    • Sampada Sachin Sawant
    • Sanjay Shantaram Bhalerao
    • Pravin Dayanand Samant
    • Dhau Gangaram Lambore
    • Sushila Jagdish Kapadia
    • Amol Jagdish Kapadia
    • Rajiv Ghanshyamdas Agarwal
    • Bhavin Suryakant Sheth
  • As per Ministry of Corporate Affairs (Mca), the registered address of Polson Ltd is Ambaghattallluka Shahuwadi, Kolhapur, Maharashtra, India, 415101.

  • The corporate identification number (CIN) of Polson Ltd is L15203PN1938PLC002879 and the company number is 002879 as per Ministry of Corporate Affairs (MCA).

  • Yes, Polson Ltd is registered on Bombay Stock Exchange (BSE).

  • The Official website of Polson Ltd is https://www.polsonltd.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Polson Ltd has fallen by -14.18%.

  • As Per 2023 financial reports, 61 employees are currently employed by Polson Ltd.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Polson Ltd has experienced an upsurge of 4.48%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Polson Ltd amount to ₹ 131.74 Cr.

  • The most recent Balance Sheet for Polson Ltd was filed with the ROC on 31 Mar 2023.

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